Associate III - Settlements

Job Description:

We are FIS. Our technology powers the world’s economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients, and communities. If you’re ready to start learning, growing, and making an impact with a career in fintech, we’d like to know:
Are you FIS?

Virtus from FIS is a leading provider of alternative investment services and technology solutions specializing in delivering comprehensive front-, middle-, and back-office services to asset managers, banks, and other institutional investors. Virtus helps its clients manage their alternative investment portfolios, including CLO/CDOs, private equity, hedge funds, and other alternative assets.

• Provide client support for loan settlements by assisting clients with customer, deal, and asset onboarding.
• Monitor and process large volumes of loan closings for CLO deals.
• Update data and perform reconciliations.
• Communicate and resolve trade issues, escalating as necessary.
• Review funding memos for discrepancies prior to settlement.
• Communicate with internal and external parties regarding loan closings.
• Assist Asset Administration during quarter-end and/or high-volume periods.

• Bachelor’s degree or equivalent combination of education, training, and work experience.
• Typically 2 or more years of experience in accounting or finance.
• Advanced Excel and Microsoft Office skills.
• Knowledge of closing par and distressed loans.
• Ability to read and interpret credit agreements.
• Knowledge of trade fee calculations.
• Bonus:
  Experience with daily loan transactions and loan tracking systems.
• Bonus:
  Understanding of broadly syndicated loans.

• A voice in the future of fintech.
• Always-on learning and development.
• Collaborative work environment.
• Opportunities to give back.
• Competitive salary and benefits.

Pay range for this full-time position is $20.03 - $32.04 per hour and reflects the minimum and maximum target for new hire salaries for this position based on the posted role, level, and location.

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics.